Man Group, the world’s largest listed hedge fund group, is facing boardroom upheaval with one director resigning and the chairman considering quitting. Jonathan Sorrell, president and an executive director, has stepped down from the board ahead of moving to a new employer, Man said on Wednesday. Mr Sorrell is expected to take up a senior role in the asset management industry in London, said a person with knowledge of the situation.

Martin Sorrell’s digital marketing venture S4 Capital said it was on track to double in size organically by 2021 as it reported a jump in billings in the first half of the year. Sir Martin set up the venture in May 2018 just a month after being forced out of WPP, the advertising group he founded three decades earlier, following accusations of misconduct. “There is a long way to go before we’ll get worried,” he added, highlighting how S4’s strong growth had benefited from its “small beginnings”.

The following are the top stories on the business pages of British newspapers. Jaguar Land Rover is expected to reveal this week that it will build an all-electric version of its XJ luxury saloon at its Castle Bromwich factory in Birmingham. Advertising giant WPP Plc is selling its stake in the sports marketing agency Chime to help cut its hefty debt pile.

It was just an entertaining ad: Robert de Niro turns up as a gangster to pull off a Goodfellas-style heist. For all the programmatic data ad agencies use, the creative part still matters. Beancounters such as Accenture Plc, Deloitte Consulting LLC and Ernst & Young LLP have in recent years wrested business away from adland’s incumbents – WPP Plc, Publicis Groupe SA and Omnicom Group Inc. – because of their deep digital know-how. But if they are to grow further, they are going to need to think more seriously about expanding their creative offering, where they have scant presence right now.